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Technology Stocks : Identix (IDNX)

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To: IDXER who wrote (9832)8/7/1998 11:54:00 AM
From: David  Read Replies (2) of 26039
 
Breaking news . . . IDX/Morpho Texas welfare project goes statewide. . . .

According to Image Update of August 1998, the Sagem Morpho pilot that uses fingerprint verification to eliminate Texas welfare fraud is being expanded from its two-county pilot (and 11 state offices) to a full-state system, with 379 offices. Installation is beginning this summer and may be done as soon as August 1999.

IDX announced it was providing Touchviews for this pilot in a September 1996 press. Sounds like we will see almost all the revenues in FY99. Question to Buck, and others: what do Touchviews sell for? Sounds like we're seeing a sale of at least 368 of them here, maybe more.
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